IPA brokers sale of 109-unit Bentley Commons at Keene - property has been renamed American House Keene

Keene, NH Institutional Property Advisors (IPA), a division of Marcus & Millichap, brokered the sale of Bentley Commons at Keene, a 109-unit, 144-bed independent living and assisted living facility. The property has been renamed American House Keene.

“We were able to find an inconspicuous Midwestern buyer for this New England market that was looking to establish a region with Bentley Commons,” said Joshua Jandris, IPA senior managing director.

Jandris, Myers and Michael Cimino, Marcus & Millichap senior associate, represented the seller, a New England partnership and procured the buyer, a Michigan-based owner and operator of senior housing and multifamily. Jennifer Athas is Marcus & Millichap’s broker of record in New Hampshire.

Opened in 2008, a portion of Bentley Commons is a renovated mill building and the rest is new construction. The facility has 42 independent living and 67 assisted living units.